Thursday Is the Day for LinkedIn’s IPO
While “The Social Network” is reportedly discussing an initial public offering with bankers, the professional networking site will actually launch its IPO Thursday, as MarketWatch reports that LinkedIn is all set to go.
While “The Social Network” is reportedly discussing an initial public offering with bankers, the professional networking site will actually launch its IPO Thursday, as MarketWatch reports that LinkedIn is all set to go.
LinkedIn announced the details of the IPO earlier this month, saying it would offer 7.84 million shares, priced at $32-$35 each, with the total offering valued at $175 million, and adding that it expected to raise some $146.6 million after fees and other expenses, which it will use for general corporate purposes or acquisitions in complementary technologies.
MarketWatch
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